$3,266 Closing Credit*
$275,000
1,447 SqFt
3 Beds
•2 Full Baths
Michelle Chipchak, Listing Office: CHARLES RUTENBERG REALTY ORLANDO
Is Edgewater, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Edgewater was a Seller's Market.
Key Takeaway
Edgewater is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Edgewater, FL
How much do homes in Edgewater, FL cost?
Median Sold Price
$329,998
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$9,998(+3.1%)
Key Takeaway
Homes in Edgewater have sold for 3.1% more than they did a year ago.
Summary: The median home sold price in Edgewater was $329,998 in November 2024, up 3.1% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $103.5K | - | N/A |
| 2 Bedrooms | $248K | $260K | +4.8% |
| 3 Bedrooms | $317.3K | $319.5K | +0.7% |
| 4 Bedrooms | $354K | $384.9K | +8.8% |
| 5+ Bedrooms | $400K | $441.9K | +10.5% |
Summary: Edgewater housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.8%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes increased by 10.5%.
Median Sold Price Compared To Nearby Cities
| Edgewater | $320K | $329.9K | +3.1% |
| New Smyrna Beach | $438.8K | $442.2K | +0.8% |
| Central Volusia | $467.4K | $457.4K | -2.1% |
Housing Supply in Edgewater, FL
How many homes are available in Edgewater, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 386 | 388 | +0.5% |
Summary: The Edgewater real estate market had 388 homes for sale in November 2024, a 0.5% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 51 | 54 | +5.9% |
| 3 Bedrooms | 219 | 226 | +3.2% |
| 4 Bedrooms | 93 | 89 | -4.3% |
| 5+ Bedrooms | 19 | 15 | -21.1% |
Summary: The Edgewater housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 5.9%, 3 bedroom homes increased by 3.2%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes decreased by 21.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 53 | 36 | -32.1% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Edgewater, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 36 homes were sold or pending in Edgewater in November 2024, down by 32.1% month-over-month. Of the 36 sold homes, 44% were sold under asking, 44% were sold at asking, and 11% were sold over asking.
Days on Market for Edgewater, FL
How long does it take to sell a home in Edgewater, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 71 Days | 56 Days | -20.8% |
Summary: Homes in Edgewater had an average of 56 days on market in Nov 2024, down by 20.8% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Edgewater are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 36 homes were sold in Edgewater; 36% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 28% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.